Search results

It's friday evening, around 3:00pm 3:30pm one of the if not the worst time to be short. Seen a lot of other people mention it too, but I know from personal experience as well.

I think that's a fair argument and technically what you're saying is right. I should of been more clear and probably typed less. My main point is to trade what you KNOW not THINK. Those are the key words I would like to pare against each other. To me believe is stronger than the word...

I see you used some key words "instincts" "think". You have to trade what you know first off, not what you think. Secondly you're applying fundamental analysis and or news for what seems to be pretty short trades. It's very difficult to go long or short a stock in anticipation of news...

Anyone that gets infected and dies from coronavirus will receive a $2k tax credit.

Like you / other guy said you hear about majority of successes and few of the failures. A lot of it really is that simple. Or sometimes people just say f it and go all in willing to accept the risk, than of course if it works, they will explain to you why they did it and how it worked after the...

It's just limit up, it is not a circuit breaker. Pre-market has limit up and limit down. Real time trading hours has circuit breakers. EDIT: Seems I might be wrong here in this case, not sure. I know limit down pre-market is 5% and doesn't move until bid out strips ask. But I see...

Secondly of course I have a bias. Shorting more than longing has been profitable these past weeks(and there's been plenty of fundamental and technical reasons to do it that have provided higher probability for shorting to work). Just because we get a few huge up moves means absolutely...

? The ATR on NQ daily chart is 527.36 points and huge moves have been common over the last 3 weeks.... It's nothing more than what is expected, it has nothing to do with magic rabits or following anything other than math and logic.

I didn't catch any of the rip, I did short it made a few bucks. Pretty wide spreads though and I don't find it too fun. Probably should of left a runner on stayed up and watch it, but just taking it and getting some sleep. Back at it tomorrow.

I'll be a very strong dip buyer in AAPL at $3.50 - $5.00 range.

Wow, thank's a lot. I thought this was a posting for a job offer at a prop firm to trade a $1,500,000,000,000 account and than I open to find this.

In the past I was trading ES, NQ, YM, CL and GC. Since things have changed, I currently trade MNQ predominantly. I don't have the mental skill set, nor the capital to trade full contracts in this environment and I know that. I've also noticed by cutting down on my products and charts I can...

I can understand and appreciate that. Typically they drop the markets to accumulate more, lately they've been pumping the markets to sell into whatever liquidity they can find. It's certainly a change that can make it difficult and that most people are unprepared for, particularly since...

Did the system trade both sides or only long? A true edge that you can rely on for long term consistency is where you can parse the data enough to understand when something is actually bullish and actually bearish with exactly defined (or at least very closely defined) perimeters. People...

Ok that makes sense and I understand better now, just misunderstood and thought you were saying TA was completely useless.

This is not factually correct(at the very least for day trading), there are still long setups within this down move (although I would agree with you its easier and more effective to short). The markets are fractal therefore TA principals can be applied to a 10 second chart up to a yearly...

EDIT: Appears I misunderstood the question, I therefore move to withdraw my response with everyone's permission. Thank you

None of us know 100%, but I don't agree with not knowing anything. There's some extraordinary factors going on now and a lot of things lining up. Sure, again never 100% but you can certainly increases the probabilities on your trades by a larger amount in scenarios like these.

I mean I through my 2 cents in here as well, but I didn't use terms like all in, I also traded short today and I gave a list of actual reasons (fundamental,technical and news related) as to why those levels had low probability of holding longer term. There should of been some type of...

Remember any error that benefits you will be remedied ASAP. If it doesn't benefit you, it's just "market volatility".